$BCPT Update. Testing Channel Support for the 5th Time

This is the same chart I posted before. It looks like we are going to test the .236 Fib retracement level of the last wave up with a possible wick beneath it to test the support line...This willl be the 5th test of this support. Keep an eye out for a breakdown but if it continues to hold (and it seems as if it will) then there is the potential for nice gains in this huge channel.